CERC order allows clean-energy developers to pay ₹1,000/MW daily, lifting Suzlon shares
After a CERC order over the weekend, power producers can pay ₹1,000 per MW each day to obtain extra time for land and financing requirements to meet grid connectivity deadlines. The regulator allowed clean energy developers to avoid losing grid access as disconnection notices began, helping shares of Suzlon Energy rise over 3% on Monday.